Latest Business News
Egypt’s central bank extends grace period for retail loans
The Central Bank of Egypt (CBE) will allow local banks to extend…
Egypt, Tunisia growth to slow as deficits widen: IMF
CAIRO: Egypt’s economic growth for this fiscal year is expected to fall…
Real estate cases weigh on Egypt index
CAIRO: Egypt's main index closed down a fraction in thin trade as…
Egypt budget deficit may top 10 pct in 2011/12: Radwan
RIYADH: Egypt's budget deficit may top 10 percent of gross domestic product…
EFG-Hermes board proposes 1-for-10 bonus share issue
CAIRO: The board of Egypt's EFG-Hermes has proposed increasing capital by distributing…
Telecom Egypt approves LE 1.30 cash dividend
CAIRO: Shareholders in Telecom Egypt approved a LE 1.3 ($0.22) cash dividend…
Egypt court scraps land sale to Palm Hills
CAIRO: An Egyptian court ruled on Tuesday that a state land sale…
Post-revolution, Egypt tourism remains in disarray
SHARM EL-SHEIKH: Hotel worker Meena George rejoiced when a popular revolt…
Euro hits 16-month high above $1.46
LONDON: The euro jumped above $1.46 on Thursday for the first time…
Black Sea billet stable, Mideast absence weighs
LONDON: Black Sea region billet prices were little changed this week as…